Europe

Period of slow growth in US and Europe draws parallels with Japan post 1990

Jupiter's Guy de Blonay has called for European authorities to take further action in supporting markets or the sovereign debt crisis will spread to other eurozone economies.

GERMANY SHOULD EXIT EURO

Stephen Peters, investment trust analyst at Charles Stanley, looks at some of the winners and losers among this year's new funds.

Newton income manager Iain Stewart has warned the problems in Greece are just the tip of the iceberg of a ‘monetary distortion' across the developed world and could trigger 'debt dominoes' throughout Europe.

German Chancellor Angela Merkel and French President Nicolas Sarkozy have hammered out a common position on the euro debt crisis.

Manager says Greece's austerity and ‘bipolar' sentiment in US pose crucial headwinds.

The European Banking Authority (EBA) will post the results of stress tests on 90 European banks today, amid criticism from analysts the tests will fail to detail banks' weaknesses.

Raings agency Fitch has branded European Absolute Return (AR) funds "prone to performace disappointment" and "mis-selling" to unsophisticated investors.

European leaders last night bowed to the inevitable and conceded Greece is likely to default on its massive debt burden, which would be a first among the 17 countries using the euro, according to reports.